How the Stimulus Package Helps College Students

President Barack Obama’s $787 billion economic stimulus package doesn’t just contain incentives for home buyers, car buyers and businesses.  There’s also a significant portion of funds targeted to encourage Americans to further their education in this recessionary time of high unemployment.  The government stimulus package features three key educational funding provisions intended to create more [...]

Causes of Economic Recession

Situations which cause economic recession and the ripple effects that they can have.

Accountability and Innovation – Timothy Geithner and the House Financial Services Committee

Critics of financial regulation say, among many other things, that increased regulation will stifle innovation. Over the past year, it has become clear that many innovations are indistinguishable from scams, and these types of innovations should certainly be stifled.

What Is TARP and Is TARP Working?

TARP is the Troubled Assets Relief Program introduced by Henry Paulson in September of 2008. TARP is also considered the mortgage bailout bill. Paulson claims this program is not to be a stimulus package. The purpose of this program is to take bad mortgages off the books of banks and mortgage lenders so they no [...]

Benefits of Economic Recession

Can we possibly benefit from this economic recession? Absolutely!  Because of the recession, we are rethinking how we spend our money and time…..Why not go camping for your family vacation rather spend $1,000 on a resort? Gather your towels and cooler and head to beach for the day. Let the kids pick some movies to [...]

Flaming Lips “It’s Summer” – The Hit Song of The Stimulus Disaster

By Kristen The popular song “It’s Summer” by the Flaming Lips might be more than a hit song. This song could actually be an anthem about the unemployment dilemma across our nation. The end of the chorus is what makes it so compelling. The Flaming Lips herald – all you’ll see when you look inside [...]

Who’s to Blame for the Lousy Economy?

Who’s to blame for this lousy economy? We can blame the housing market bubble which popped, or the banking & mortgage industries, or maybe the rising health care costs and skyrocketing insurance premiums which affect auto-makers, doctors’ private sectors, small & medium-size businesses. There’s also the ever-rising prices of food and utilities to blame. All the above is causing escalating [...]

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